Company · 14.29 · Manufacture of wearing apparel

SIA MINT print

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
We produce bespoke sports kits for teams and companies. We offer a comprehensive manufacturing service in Riga, producing sportswear for all sports and competitions.
Ražojam sporta formas komandām un uzņēmumiem pēc individuāla pasūtījuma. Pilnīgākā ražošana Rīgā, lai sašūtu sporta apģērbu visiem sporta veidiem un sacensībām

Turnover · 2025

2.7 M €

-7% vs previous year

Employees

Turnover per employee: 51 k €

Taxes paid · 2024

731 k €

Payroll fund / employees: 13 k €

Payroll fund · 2024 estimate

689 k €

Wage estimate, gross: 1,336 €

Tax breakdown · 2026 Q3

Total paid to VID 153 k €

Personal income tax 33 k €

Social contributions 88 k €

VAT paid · after deductions 33 k €

VAT refunded by the state 2 k €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	153 k €	33 k €	88 k €	33 k €	2 k €
2026 Q2	143 k €	31 k €	82 k €	27 k €	0 €
2026 Q1	149 k €	27 k €	75 k €	41 k €	0 €
2025 Q4	220 k €	32 k €	82 k €	100 k €	0 €
2024	731 k €	116 k €	235 k €	—	—
2023	430 k €	91 k €	188 k €	—	—
2022	285 k €	65 k €	140 k €	—	—

Financial health · From the 2025 balance sheet

Net profit289 k €

Total assets1.3 M €

Equity1.2 M €

Current ratio5.7

Quick ratio4.3

Debt to equity0.2

Equity ratio86.3%

Return on assets21.5%

Return on equity25.0%

Cross-section against the peer median

Compared with companies under NACE code 14.29 — 24.

Turnover

×8.0

2.7 M € 341 k €

Employees

×4.4

53 12

Taxes paid

×15

153 k € 10 k €

Payroll

×6.5

689 k € 106 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 92% of peers

This company Peer median · 24

Indicators

Turnover per employee 51 k € ×1.8 of the median

Margin 10.6%

Year on year -7%

Payroll fund estimate 689 k €

Registration number 44103081951

Registered address Rīga, Starta iela 1

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

7.5 M €

Contracts

Latest contract: 2026-08-14

Largest buyer

Valsts aizsardzības loģistikas un iepirkumu centrs

Latest contracts

Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	2.7 M €	289 k €	1.3 M €	53
2024	2.9 M €	416 k €	1.0 M €	42
2023	2.3 M €	381 k €	912 k €	38
2022	1.2 M €	144 k €	435 k €	30
2021	887 k €	109 k €	380 k €	21
2020	625 k €	21 k €	314 k €	17

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 14 — Manufacture of wearing apparel — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

103.4 M €

Industry goods imports

48.1 M €

Goods exports to turnover estimate

56%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Textiles and textile articles — 98.5 M €, Footwear, headgear, umbrellas — 1.9 M €, Hides, leather and furs — 1.0 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.